Fiserv Wins MidFlorida CU For Core Processing Deal

LAKELAND, Fla. – MidFlorida CU announced this morning it has signed with Fiserv to convert to the company’s Open Solutions DNA core processing solution.

Processing Content

The DNA integrated suite also includes payment processing, CRM, business intelligence, teller line authentication and loan origination.

"DNA will give us a 360 degree view of our member relationships while its open architecture will allow us to streamline the delivery of cutting-edge Fiserv solutions,” said Steve Moseley, executive vice president, MidFlorida.

The credit union is also purchasing Fiserv’s Velocity for loan origination, Verifast for teller line authentication and CRM and business intelligence applications for DNA. The credit union will also have access to the DNAcreator development toolkit, which allows the credit union's technical staff to create and sell custom core extensions called DNAapps to other financial institutions via the DNAappstore -- the first online marketplace for core applications.

MidFlorida will leverage the .NET architecture of DNA to integrate its existing Fiserv solutions, including Card Services Debit and Credit Processing, Nautilus for enterprise content management, Prologue for financial accounting, WireXchange for wire transfer processing, ConvergeIT for interactive voice response, Source Capture Solutions for remote deposit capture and Virtual Branch: Loan for online lending as well as card production services.

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